The Times, They Are A-Changin’: The 2022 Amendments to the UCC

At least half of the U.S. states have adopted the 2022 Amendments to Article 9 of the Uniform Commercial Code focusing primarily on digital assets, electronic money and chattel paper, among other facets. Kenneth Weinberg outlines the highlights, impact and nuances of these changes.... read more

Sept/Oct 2024

Preserving and Collecting a Deficiency Balance After Repo and Sale

Repossession and sale of equipment rarely covers the debt owed to an equipment financier after repo and sale. Andrew Voorhees outlines how following UCC formalities in collateral disposition can preserve the right to collect a deficiency.... read more

July/August 2024

Walking Through the Shadows of Bankruptcy: Financing Equipment in Time of Distress

Many equipment lessees have been hit hard by the economic downturn caused by the COVID-19 pandemic. Inez Markovich and Howard Brod Brownstein outline the rights and remedies of equipment finance lessors and lenders when their customers face temporary distress or a Chapter 11 filing. ... read more

May/Jun 2020 2020

Six Ways From Sunday: How to Handle Conflicting Liens

Sometimes a UCC search will reveal a conflicting lien on equipment to be financed. Ken Weinberg reviews several approaches to address this common issue while preserving lenders’ rights.... read more

January/February 2018

The B-B-Billion Dollar Mistake: Remember to Take a Deep B-B-Breath Before Touching Financing Statements

Gather around the campfire as Ken Weinberg tells the tale of the billion dollar mistake, a cautionary truelife horror story that reinforces the importance of financing statements. These documents often do not receive the attention they deserve, which can lead to disastrous consequences.... read more

July/August 2017